The position is primarily responsible for the valuation real estate properties offered as collateral and performance of other appraisal related assignments.
Specific Functions
Conducts proper pinpointing and identifies the correct geographical location of the real estate property, condominium or townhouse unit being offered as collateral.
Determines the acceptability and renders a fair market valuation of real estate properties being offered as collateral not only to aid in credit proposal and underwriting.
Inspects, analyzes and evaluates structural and architectural components of improvements, particularly the type and quality of materials used to estimate the Cost of Reproduction New.
Evaluates the structural soundness, observed condition, quality of maintenance and obsolescence of the improvement to come up with the ideal building depreciation and estimated remaining economic life.
Prepares appraisal reports for proposed buildings and projects based on subdivision and development plans, specifications and bill of materials in order to arrive at a proposed Cost of Reproduction New.
Performs auto/machinery and equipment appraisal, inventory, other complex appraisal related assignments and other field functions that may be assigned from time to time.
Conducts field credit investigation requests on client's residence, sources of income from employment or business, trade references, rental verification, floorstock inventory, leviable property checking and court case verification.
Maintains high level of professionalism when dealing with customers not only to get vital information and ensure long-term relationship banking relationship.
Prepares and submits timely and factual field verification checking reports to aid in credit proposal and underwriting and decision making.
Maintains properly any bank-issued mobile smart-phone devices to avoid loss and impediment in the performance of field verification checkings.
Performs other tasks that may be assigned from time to time.
